Just got this off the Bleacher report. Take it for what is worth.
UPDATE: Friday, January 11 at 12:45 p.m e.t by Michael Cahill
Matt Steinmetz of Comcast Sportnet Bay Area is reporting that the sale of the Kings is done.
Steinmetz reports via Sulia.com
I've heard from reliable source that the Kings' sale to Hansen-Ballmer in Seattle is done deal. Source said priceThere has been no official word from Kings ownership or the NBA at this time.
of the sale is $525 million. The source said further that the Maloofs will have no stake or decision-making with Seattle team and are out.
--End of Update--